Getting Divorced? Let Varghese Summersett Handle Your QDRO
When people with retirement plans get a divorce in Texas, they often assume they can take their retirement savings with them. This is usually not the case.
Because Texas is a community property state, the court can award part of one spouse’s retirement plan to the other spouse. When this occurs, a special order – called a Qualified Domestic Relations Order, or QDRO – must be prepared for the judge’s signature. The order tells the retirement plan administrator how to divide the retirement plan between the two spouses.
While this may sound like a relatively straightforward process, it is anything but. Preparing a QDRO is complex and arduous, even for the most experienced family law attorneys. That’s why most attorneys outsource this time-consuming and complicated process to professionals specializing in this highly technical aspect of divorce.
Varghese Summersett is one of the few law firms in the state that handles QDROs. Led by attorney Wade Griffin and his legal assistant, Sarah, the firm’s QDRO team has decades of experience preparing and getting QDROs approved for clients and attorneys throughout the state.
If you need assistance with a QDRO, please call 817.415.1575. Learn more about QDROS today!